Pepe Price Prediction: PEPE Pumps 68% In A Week, But Traders Rush To Buy This AI Rival With Time Running Out

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Pepe Price Prediction: PEPE Pumps 68% In A Week But Traders Rush To Buy This AI Rival With Time Running Out
Pepe Price Prediction: PEPE Pumps 68% In A Week But Traders Rush To Buy This AI Rival With Time Running Out

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The Pepe price is up 68% over the last week despite dropping 8% in the 24 hours to trade at $0.00001351 as of 4:33 a.m. EST, with trading volume plunging 12% to $2.5 billion.

Pepe Price Aims For A Continued Rally, Hints At A 24% Surge

The PEPE price daily chart shows a significant shift in market momentum, transitioning from a prolonged downtrend to a strong breakout phase.

The chart initially formed a head and shoulders pattern, a classic bearish reversal signal that played out in late 2024 and led to a sustained decline.

Meanwhile, the Pepe price action confirmed this pattern with a breakdown that was followed by several months of declining prices within a well-defined descending channel.

However, the recent price of Pepe action signals a bullish reversal. This is after PEPE broke out decisively above the upper boundary of the descending channel, indicating a strong change in sentiment.

The breakout is supported by a sharp rise in the price of Pepe, now trading above both the 50-day Simple Moving Average (SMA) at $0.00000837 and the 200-day SMA at $0.0000129, an indication that the bulls have regained control of the market. 

The Relative Strength Index (RSI) is currently at 82.28, which places it deep into overbought territory.

Moreover, the Moving Average Convergence Divergence (MACD) is bullish, with the MACD line (blue) well above the signal line (orange), and both are trending higher.

The overall trend for the PEPE price has turned bullish. The projected target from the recent breakout is approximately $0.00001680, representing a 24.16% increase from the current level.

PEPE price Chart Analysis Source: GeckoTerminal
PEPE/USDT Chart Analysis Source: GeckoTerminal

However, due to the overbought RSI, there is a risk of short-term pullbacks between $0.00001291 (200-day SMA) and $0.00001400 before further upside can be achieved.

Meanwhile, investors are rushing to buy a new AI agent crypto called MIND of Pepe (MIND). 99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says MIND has the potential to soar 100X after launch.

Mind Of Pepe Presale Races Past The $9.1 Million Mark – Best Crypto To Buy Now?

MIND of Pepe introduces a powerful AI agent built for crypto trading. It uses advanced technology to analyze market trends and help traders find profitable opportunities.

It gathers insights from a large group of investors, especially those on social media platforms like X. By studying discussions on these platforms, MIND of Pepe’s AI is able to spot valuable market signals early.

Unlike regular trading tools, MIND of Pepe runs on the latest AI models and improves over time.

The intelligent computer model processes huge amounts of data, makes independent decisions, and quickly adapts to market changes without a central authority.

Such features continue to attract investors, with its ongoing presale already fetching over $9.13 million.

MIND of Pepe launched its AI agent on May 10. So, investors won’t have to wait until after the presale to tap into the model’s market insights.

MIND holders also have the opportunity to stake their tokens for a stratospheric 248% annual percentage yield (APY).

Currently, MIND tokens are priced at $0.0037515 and can be bought with either crypto or bank cards via the easy-to-use widget embedded on the project’s website. 

Interested investors will want to act fast because MIND’s presale will end in 18 days.

Visit the MIND of Pepe website.

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